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Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

Improper Professional Conduct (Delphi)

The U.S. Securities and Exchange Commission (SEC) settled administrative proceedings finding that Nicholas Difazio and Duane Higgins, Deloitte & Touche engagement partners on the 2000 and 2001 audits of the financial statements of Delphi Corporation, engaged in improper professional conduct on those audits. The SEC found that Difazio, the lead engagement partner, and Higgins, the audit engagement partner, failed to exercise due professional care in the planning and performance of the audit. Difazio and Higgins settled without admitting or denying the SEC’s findings. Both men were temporarily denied the privilege of appearing or practicing before the SEC as an accountant. See related Deloitte LLP instance, “Delphi Corporation Securities Litigation”.

Misconduct Type
Ethics
Enforcement Agency
SEC
Contracting Party
None
Court Type
Administrative
Disposition
Settlement
Date of Settlement
2/26/2008
Contractors Involved Penalty
Total
Deloitte LLP $0
Further Information Released
Difazio Order 5/7/2011
Higgins Order 5/7/2011
SEC News Digest (pp. 2-3 of 6) 5/7/2011

See also:

Federal Contractor Misconduct Database